MCT Says It's the First to Integrate with Freddie Mac’s Income Limits API Mortgage Capital Trading, Inc. (MCT®), a mortgage hedge advisory and secondary marketing software firm, announced it is the first secondary marketing platform to integrate with Freddie Mac’s Income Limits application programming interface (API) created for the first-time home buyer area median income (AMI) limits.

Estimated reading time: 0 minutes, 27 seconds

Fannie and Freddie Unveil LIBOR Replacement Plans

Fannie Mae and Freddie Mac have named replacement indices for their legacy London Interbank Offered Rate (LIBOR)-based loans and securities. So reports the American Bankers Association’s Banking Journal.

Fannie Mae2 e1615570153127 585x585On July 1, 2023, the government-sponsored housing finance giants will transition from LIBOR to the Secured Overnight Financing Rate, according to their respective press releases.

Federal Housing Finance Agency Director Sandra Thompson said the announcement “represents one of the closing milestones in the transition to more robust reference rates to replace LIBOR.”

Read the full article from the American Bankers Association’s Banking Journal.

Read 146 times
Rate this item
(0 votes)


PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.